Shruthi Silks Private Limited
About Shruthi Silks Private Limited
Data last updated:
Shruthi Silks Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the leather segment of the apparel and fashion sector. It was incorporated on 21 April 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U17122KA2008PTC046121. Its GSTIN is 29AALCS9281P1Z5 (Karnataka).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Sowmya Shivappa and Vittal Rao Geetha.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at No 8 & 9 Begur Road Bommana Halli Behind Krishna Theatre, Bangalore, Karnataka, India – 560068.
As per the financials filed for FY 2022, the company reported a revenue of ₹18.39 Lakh, a decline of 56% compared to the previous year. For the same year it recorded a net loss of ₹8.53 Lakh (net margin -46.4%) and EBITDA of -₹3.86 Lakh (EBITDA margin -21%). Revenue has declined at a compounded annual rate (CAGR) of 27% over three years and 32% over five years.
As per MCA filings, the company has open charges of ₹54.75 Lakh and satisfied charges of ₹50 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Shruthi Silks Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo 8 & 9 Begur Road Bommana Halli Behind Krishna Theatre, Bangalore, Karnataka, India – 560068
- IndustryAppreal & Fashion, Leather, Textile, Apparel
To see the full contact details of Shruthi Silks Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Shruthi Silks is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Shruthi Silks Private Limited, buy the company report.
Financials of Shruthi Silks Private Limited
FY 2022 filings availableShruthi Silks Private Limited reported revenue of ₹18.39 Lakh (down 56% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 32% over five years, including a 56% fall in the latest year. EBITDA fell 169% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹18.39 Lakh | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹3.86 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹8.53 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -21% | ||||
| Net Profit Margin | -46.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Shruthi Silks Private Limited, buy the company report.
Board of directors of Shruthi Silks Private Limited
Shruthi Silks has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sowmya Shivappa | Director | 21 Apr 2008 | 18 Years 6 Months | Current |
| Vittal Rao Geetha | Director | 21 Apr 2008 | 18 Years 6 Months | Current |
| Balaji Govindappa Mylappanahalli | Director | 21 Apr 2008 | 18 Years 6 Months | Current |
Peer comparison
Shruthi Silks Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kikani Knitfab Private Limited | ₹18.48 Lakh (FY 2025) | Coimbatore, Tamil Nadu, India | ||||
| Targetknits Private Limited | ₹18.47 Lakh (FY 2019) | 21.0% | Tirupur, Tamil Nadu, India | |||
| Parakh Fabrics Pvt Ltd | ₹18.47 Lakh (FY 2025) | 37.0% | Indore, Madhya Pradesh, India | |||
| TNFC Private Limited | ₹18.44 Lakh (FY 2024) | 476.0% | Kolkata, West Bengal, India | |||
| Kamalpushap Fashions Private Limited | ₹18.41 Lakh (FY 2025) | -51.0% | Kolkata, West Bengal, India | |||
| Shruthi Silks Private Limitedthis company | ₹18.39 Lakh (FY 2022) | -₹8.53 Lakh | -46.4% | -56.0% | Bangalore, Karnataka, India | |
| Deepak Woollens Private Limited | ₹18.38 Lakh (FY 2024) | -59.0% | Indore, Madhya Pradesh, India | |||
| CDS Art Foundation | ₹18.37 Lakh (FY 2025) | -66.0% | Ahmedabad, Gujarat, India | |||
| Bozzolo Garb Private Limited | ₹18.35 Lakh (FY 2024) | 208.0% | Kharagpur, West Bengal, India | |||
| Tailofit Fashions Private Limited | ₹18.35 Lakh (FY 2024) | 3513.0% | Bangalore, Karnataka, India | |||
| Mehraab Designs Private Limited | ₹18.33 Lakh (FY 2025) | -40.0% | New Delhi, Delhi, India |
To see the full peer comparison of Shruthi Silks Private Limited, buy the company report.
Auditor
Shruthi Silks Private Limited is audited by P R RAO ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P R RAO ASSOCIATES | FY 2017 | 003147S |
Shareholding
The shareholding of Shruthi Silks Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Shruthi Silks Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Apr 2011 | 10285934 | Syndicate Bank | ₹31.75 Lakh | Open | |
| 18 Nov 2010 | 10253702 | Syndicate Bank | ₹23 Lakh | Open | |
| 31 Oct 2008 | 10164307 | Syndicate Bank | ₹50 Lakh | Satisfied |
To see the full charge records of Shruthi Silks Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Shruthi Silks Private Limited has 1 court case on record: 1 filed by Shruthi Silks. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against individuals | Disposed |
To see the full case history of Shruthi Silks Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Shruthi Silks Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shruthi Silks has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AALCS9281P1Z5 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shruthi Silks Private Limited, buy the company report.
Recent activity
Shruthi Silks Private Limited has 3 board changes on record since 2008: 3 appointments. The latest: Balaji Govindappa Mylappanahalli was appointed as Director on 21 Apr 2008.
Frequently asked questions
Shruthi Silks is an active private limited company based in Bangalore, Karnataka, India. The company works in leather, within the apparel and fashion industry. It was incorporated on 21 April 2008 (18+ years old) and is registered under CIN U17122KA2008PTC046121.
Shruthi Silks has 3 current directors:
- Sowmya Shivappa - Director
- Vittal Rao Geetha - Director
- Balaji Govindappa Mylappanahalli - Director
The latest financial statements of Shruthi Silks on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Shruthi Silks is 29AALCS9281P1Z5, registered in Karnataka.
The CIN (Corporate Identification Number) of Shruthi Silks is U17122KA2008PTC046121. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shruthi Silks has 1 court case on record: 1 filed by the company.
Shruthi Silks was incorporated on 21 April 2008, making it 18+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Shruthi Silks by revenue are Kikani Knitfab Private Limited, Targetknits Private Limited, Parakh Fabrics Pvt Ltd, TNFC Private Limited, Kamalpushap Fashions Private Limited and 5 more, all in the same principal business activity (textile, leather and other apparel products).
Balaji Govindappa Mylappanahalli was appointed as Director on 21 Apr 2008. Sowmya Shivappa was appointed as Director on 21 Apr 2008. Vittal Rao Geetha was appointed as Director on 21 Apr 2008.
The registered office of Shruthi Silks is at No 8 & 9 Begur Road Bommana Halli Behind Krishna Theatre, Bangalore, Karnataka, India – 560068.
Shruthi Silks operates in the apparel and fashion industry, in the leather segment.